Bermuda’s Business Development Agency (BDA) has elected Susan Pateras as new deputy chair and reappointed Fiona Beck as treasurer, with immediate effect. Pateras joined the BDA board in 2020 bringing more than 20 years of insurance industry experience across London, New York, and the Bermuda marketplace. Previously, she was chief operating officer of Liberty Specialty Markets (Bermuda). She has worked as a senior vice president at Integro Bermuda and Willis Bermuda as well as vice president for Marsh New York’s global broking healthcare unit. Beck, who has been a member of the BDA board since 2016, is an experienced non-executive director, currently serving on the boards of several infrastructure and technology companies and on the audit committees of publicly listed companies. Prior to BDA, she served as chair for the telecommunications group of the America's Cup Bermuda as well as past president and CEO of Southern Cross Cable Network, a multinational telecommunication company. Board members have also been assigned to the BDA’s standing committees focused on audit, compensation, and governance and nominations. Commenting on the two new roles, Stephen Weinstein, chair of the BDA, says: “I congratulate Susan Pateras and Fiona Beck on their election to these important roles and have every confidence they will provide rigorous oversight to advance the BDA’s mission.” He continues: “At a time like no other, the BDA board remains focused on delivering long-term, sustainable value to all stakeholders. Our strategy, and key priorities, continue to be informed by the risks and opportunities presented to Bermuda’s international business sector — particularly in light of COVID-19 and other external factors, including international trade discussions, evolving regulatory requirements and the pressing need for climate action.”
